Fis partners with issuer-merchant collaboration platform kipp to prevent card declines and unlock revenue for debit issuers

Jacksonville, fla.--(business wire)--fis® (nyse: fis), a global leader in financial technology, today announced a strategic partnership with letskipp ltd. (kipp), a collaboration platform for card issuers and merchants, to introduce an innovative non-sufficient funds (nsf) authorization solution to its debit clients. this first-to-market offer is designed to combat the long-standing challenge of declined transactions due to insufficient funds, which can help issuers recover lost revenue and dri.
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